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Zelle® Ends 2018 with its Strongest Quarter on Record

Submitted by nichole.fabbro… on Thu, 01/24/2019 - 08:41
  • $119 Billion in payments and 433 million transactions processed in 2018
  • $35 Billion in payments and 135 million transactions processed in Q4 2018
  • Strategic core processor partnerships led to more than a hundred Community Banks and Credit Unions joining the Zelle Network® in the year’s final quarter

 

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Holiday’s Most Wanted: Money Zelle® National Survey Finds a Majority of U.S. Consumers Prefer Money this Holiday Season

Submitted by nichole.fabbro… on Tue, 11/27/2018 - 13:37

Scottsdale, AZ., November 28, 2018 – Early Warning Services, LLC, the network operator behind Zelle, today released the results of its Holiday Survey. Scrooges and humbugs beware: the national survey found that nearly 50% of those surveyed plan to give money this holiday season, while the majority (58%) prefer to receive money as a gift.

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Zelle® Moves Record $75 Billion in 2017

Submitted by blaza on Fri, 01/26/2018 - 15:20

Scottsdale, AZ., Jan. 29, 2018Zelle today announced record money movement in 2017 across its payments network, as millions of consumers reduced their dependence on physical checks and cash, and took part in the digital “new way to pay.”

In 2017, the $75 billion moved on Zelle, was an increase of 36 percent year-over-year (YoY) from 2016’s totals of $55 billion when the Zelle Network® was previously clearXchange®. The Zelle Network processed more than 247 million payments in 2017, an increase of more than 45 percent YoY on the 170 million transactions processed in 2016.

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